Share

Kumba strikers face criminal charges

Johannesburg - Kumba Iron Ore [JSE:KIO] said on Monday it had obtained a Labour Court order‚ forcing striking workers at its Sishen mine to leave the premises immediately‚ following their failure to appear before the disciplinary hearing this morning.

String employees have been ordered not to be within 500m of the property.

“Should they not leave the mine immediately‚ the South African Police Service has been ordered by the court to remove them‚” Kumba spokesperson Gert Schoeman said.

He said the miners - estimated to be fewer than 120 - would mostly likely be dismissed and criminal charges would be formulated against them.

“They had until 11am this morning to report for a disciplinary hearing for embarking on an illegal strike. The criminal charges include extortion‚ intimidation‚ theft‚ trespassing and malicious damage to property‚” Schoeman said.

The strike‚ which began on October 3‚ has cost SA’s biggest iron producer more than R1.2bn in lost revenue.

The strikers are demanding a monthly salary increase of R15 000 for all Kumba employees. Their current salary range from R12 000 to R31 000 a month‚ excluding housing allowances‚ bonuses and other benefits‚ according to the company.

Last week‚ the miners made off with equipment worth R3.3bn‚ threatening to destroy it if their demands were not met.

At 2pm on Monday Kumba’s share price was down 1.28% at R492.59‚ valuing the company at R15.864bn.


*Follow Fin24 on Twitter and Facebook

 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.15
+0.1%
Rand - Pound
23.71
+0.5%
Rand - Euro
20.37
+0.1%
Rand - Aus dollar
12.27
+0.3%
Rand - Yen
0.12
+0.0%
Platinum
940.50
-1.0%
Palladium
1,026.50
-0.3%
Gold
2,390.34
+0.5%
Silver
28.54
+1.1%
Brent Crude
87.11
-0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders